1) A Brexit-Inspired Selloff  

The markets have sold off over the past four trading sessions, as investors around the globe are worried about a so-called “Brexit,” which is an exit of the U.K. from the European Union. The vote is in less than a week (June 23), and we’re seeing polls indicate the “leave” vote is in the lead. If there is a leave vote, it will fuel fears of an EU collapse, and that will cause a lot more flight to safety of capital. Here at home we had the Fed meeting this week, and based on what Janet Yellen has signaled, we aren’t likely to see another rate hike until after the presidential election. In fact, Yellen is sounding downright nervous about the state of the economy, and that’s caused stocks to pullback. So, how did the rest of the markets perform this week? Find out all of the details in today’s kickoff segment. 

2) You Cannot Plan for Financial Armageddon

Preparing for natural disasters such as earthquakes or storms makes sense, but does it really make sense to invest like you think there’s going to be a calamitous financial disaster on the horizon? I am of the opinion that investors make some very poor decisions when they start to prepare for “financial Armageddon.” In today’s must-listen segment, I tell you why it doesn’t make sense to invest as if the world is coming to an end. In fact, the only way to avoid your own personal financial Armageddon is to make sure you have enough money to last you through retirement. 

3) Cash Is Still Not a Good Option   

I learn a lot about what investors are doing through my Personal Wealth Coaching programs, and what I’ve seen a lot of lately is that investors have way too much cash in their portfolios. Let’s face it, cash (money market accounts, savings accounts, CDs) are paying virtually zero interest. Fortunately, there are way better options out there for investors, and in today’s podcast I tell you about a few of these. I also tell you why your tax bracket matters when figuring out what to do with your cash.